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BREAKING: Food prices in the US reached a new all-time high in July. Over the last decade, food prices at home and away from home are now up 30% and 51%, respectively. Since 2020, food prices at home have increased 22% and food prices away from home are up 27%. At the same…
This is what an inflationary depression looks like From Dollar General earnings call:
Feels like today's pre market and first 10 minutes was fueled by short cover but not real momentum/buyers. I think many will confuse it with momentum and get bagged.
Shelter CPI has now been above 5% for 28 consecutive months, the longest period of elevated housing inflation since the early 1980s. bilello.blog/newsletter
Auto insurance rates in the US have increased by 50% over the past 3 years. That's the biggest 3-year spike since 1975-78. bilello.blog/newsletter
The most absurd number in CPI? According to the US Government, the cost of health insurance has declined 30% over the last 2 years and 8% over the last 5 years... bilello.blog/newsletter
$AI
$AI: We sent a letter to C3.ai’s auditor Deloitte, the audit committee & SEC documenting serious accounting issues: kerr.co/ai-audit. Deloitte prepares audit opinion next month for FY 4/30. $AI’s fictional accounting has no place in the public markets
$AI: We sent a letter to C3.ai’s auditor Deloitte, the audit committee & SEC documenting serious accounting issues: kerr.co/ai-audit. Deloitte prepares audit opinion next month for FY 4/30. $AI’s fictional accounting has no place in the public markets
Jim Cramer just said he thinks Nvidia $NVDA has more room to run and that the recent rally isn’t done
Always bullish
The cumulative number of stocks on the #NASDAQ making new highs less new lows just made a new low. This means the #nasdaq composite probably isn't too far behind
$NVDA probably safe to say, not a good time to buy Nvidia here. Short some
I don't trust this market move. Think we end red by days end or what? That's what I think but waiting to see failed follow through set up to confirm thesis. $RIOT $MARA $AMD could be potential vehicles.
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